Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) declared a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Stockholders of record on Tuesday, September 25th will be given a dividend of 0.1335 per share on Friday, September 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Monday, September 24th. This is a positive change from Invesco S&P 500 Pure Growth ETF’s previous quarterly dividend of $0.11.

Shares of NYSEARCA:RPG traded down $0.01 during trading on Monday, hitting $120.01. 52,087 shares of the company traded hands, compared to its average volume of 128,171. Invesco S&P 500 Pure Growth ETF has a one year low of $97.79 and a one year high of $121.47.

About Invesco S&P 500 Pure Growth ETF

Guggenheim S&P 500 Pure Growth ETF, formerly Rydex S&P 500 Pure Growth ETF, seeks to replicate as closely as possible the performance of the S&P 500 Pure Growth Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.

Further Reading: What is Compound Annual Growth Rate (CAGR)?

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